Tuesday, May 12, 2015

Price Action Trading The Range On The E-Mini Dow Futures; SchoolOfTrade.com

Selling the range high failure allowed us to pick up an absolutely HUGE move lower on the E-Mini Dow Futures for 240 ticks!

In today's video we see the Dow failing a breakout of the range highs and quickly snapping back lower.

This gave us an opportunity to sell the failure off range highs and put away a cool $1,200 on the trade!

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Range trading can be one of the trickiest things you can do in price action trading but when you see this clear of a failure, you can tell we weren't alone in selling it with that kind of movement after the failure!

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